Tyson’s tender offer for Hillshire set at $63 per share

July 17, 2014

Tyson Foods has commenced a cash tender offer for all outstanding shares of common stock of The Hillshire Brands Company at a price of $63.00 per share. The…

How corn affects food prices

by John Krebs — President, Axis Purchasing

Corn prices were up 13 percent in the first six weeks of 2014 which will adversely affect the price of many of the foods you stock in your restaurant.

Good Times continues double-digit sales growth

July 8, 2014

Good Times Restaurants Inc. today announced that its Good Times’ same-store sales increased 12.5-percent in its Q3 ending June 30. This is compared to the…

Report: 93% of restaurant chains plan to raise menu prices

June 30, 2014

This year's unexpected food cost increases will likely to force chain restaurants to raise menu prices even as competition gets tighter. A new report from…

Dunkin' Donuts expects 'modest' coffee price increase

June 23, 2014

Starbucks announced last week that it is increasing the cost of its coffee beginning Tuesday. Fans can expect to pay about 10 to 15 cents more for its Venti…

Tyson submits bid to buy Hillshire for $8.55B

June 9, 2014

Tyson Foods Inc. today announced it has submitted a unilaterally binding offer to acquire all outstanding shares of The Hillshire Brands Company for a price of…

If you build it, they will come and you will profit

by John Krebs — President, Axis Purchasing

Many operators also neglect to examine the pricing of kitchen supplies, which is the number one area for savings.

How to maximize your supply chain strategy

by Alicia Kelso — Editor, QSRWeb.com

In addition to cost, choose a distributor based on their food safety record and customer service metrics, as well as their sanitation practices.

(Updated) Tyson Foods expresses interest in purchasing Hillshire Brands

May 29, 2014

The Hillshire Brands Company issued the following statement in response to the unsolicited proposal by Tyson Foods on Thursday to acquire Hillshire Brands for…

El Pollo Loco names new supply chain exec

May 21, 2014

El Pollo Loco has named Dale Burke as its vice president, Supply Chain Management. In his new role, Burke will oversee the total cost of goods for the El Pollo…

Restaurant chains ready to pull the trigger on menu price hikes

May 19, 2014

The majority of America’s chain restaurants held the line on price hikes the first part of the year but plan to start raising them, according to a new survey…

Pork prices expected to continue climbing due to virus

May 7, 2014

Due to the spread of a virus (PEDv) affecting hogs, pork supply shortages are expected in many countries in the near term. According to the Rabobank Pork…

Study: Charging for condiments will drive away consumers

April 30, 2014

With pressures from rising food costs, restaurant operators are seeking ways to increase check size without increasing the cost of popular menu items, but…

Toolkit published to help operators reduce food waste

April 17, 2014

The Food Waste Reduction Alliance has published the Best Practices and Emerging Solutions Toolkit to help foodservice businesses reduce food waste.

Have burger chains reached their peak?

Smaller, regional brands have seen an increase in sales, while sales at their larger QSR counterparts are falling.

Webinar - Cash in on Hiring Tax Credits: How to get $1,200 back for 1 out of every 5 new hires

Tuesday, April 8, 2014 Tax deadlines got you down? This tax season (or September), start getting money back instead of giving it all away.

Food costs continue to elude stability

by Alicia Kelso — Editor, QSRWeb.com

Droughts, livestock viruses and thinner herds are all affecting center-of-the-plate pricing.

Report: Consumption shift in beef requires more cost control

February 5, 2014

Rabobank has published a new report on the U.S. cattle industry, calling for changes in the way beef is produced in order for the industry to remain…

Survey finds food cost increases will beef up menu prices

January 30, 2014

A recent survey from SpenDifference found that American chain restaurants plan to increase menu prices as part of a move to offset higher food costs.

SeafoodGrabber creates social networking for buyers and sellers

January 16, 2014

The B2B networking site SeafoodGrabber has launched in Boston, offering a marketplace that accumulates and organizes prices from wholesale seafood suppliers…